Toyota CPO surge boosts sales industrywideMon, 25, Jul 2016
Industrywide first-half CPO sales grew 4 percent, according to data compiled by the Automotive News Data Center. Toyota division helped to lift the total, as its CPO sales climbed 15 percent.
Store expects its used-car leasing to growMon, 25, Jul 2016
Dealer Wes Lutz took used-vehicle leasing into his own hands. He offers his customers leases on late-model used cars and trucks that, in some cases, can cut payments in half compared with purchasing a new vehicle of the same make and model.
No auctions for this used-car managerMon, 25, Jul 2016
A pre-owned sales manager at a Buick-GMC dealership in Ohio pays staffers $200 when they find the vehicles he wants.
Can Uber, Lyft help ease the glut of used cars?Sun, 10, Jul 2016
Leasing cars to Lyft and Uber could give automakers another much-needed outlet to help manage an expected influx of late-model used cars.
Hertz signs deals with Uber, Lyft to supply cars to driversFri, 01, Jul 2016
Hertz reached agreements with Uber Technologies and Lyft, the two largest U.S. ride-hailing startups, to supply drivers with vehicles the rental-car company rotates out of its fleet.
These guys want your used-vehicle sales, profitsMon, 27, Jun 2016
Beepi. Shift. Carvana. Vroom. Don't let the clever names fool you. These tech start-ups aim to take a bite out of the used-vehicle retail industry's lunch.
Vroom will make cash offers to private sellers on eBayWed, 29, Jun 2016
Online veteran eBay and online upstart Vroom have teamed up to pilot a program that will give eBay customers another option to sell their vehicles for cash and Vroom another way to source vehicles for its used-car operations.
Customers, off-lease tide prompt auction growthMon, 27, Jun 2016
Independent auctions are growing their businesses to keep up with customer demands for vehicle reconditioning, body shop and other services and storage space. But they need to strike a balance between growing, and growing too much.
Auction tool aims to uncover open recallsMon, 27, Jun 2016
AutoCheck Auctions is testing a new recall report service for auction houses. Disclosing vehicles that have open recalls to auctions helps dealers make informed decisions about wholesale used-vehicle purchases, the company says.
CarMax adds auction sites, eases registrationMon, 27, Jun 2016
CarMax is adding auctions and making it easier for wholesale customers to register to buy cars and trucks at the company's 67 physical auction sites.